Friday, August 31, 2018

Banks will have to #39;abort#39; lending to infrastructure sector, power companies, warns SBI

Banks will have to #39;abort#39; lending to infrastructure sector, power companies, warns SBI The power sector loans are facing a slew of problems due to a changes in non-performing assets recognition after the February 12 RBI circular, which was upheld by the Allahabad High Court last week.

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Titagarh, Jupiter Wagons shares rally up to 10% amid reports of Rs 40,000 crore order from Indian Railways

Railway stocks surged up to 10% on Monday. Indian Railways is preparing a large tender for one lakh freight wagons. This procurement is expe...